#2 He caved...
With his reputation on the rocks, Sen. John Kerry informed tax collectors today he will cough up some $500,000 in state and local taxes for his ultra-luxe yacht Isabel.
“As we’ve said from the beginning, we have always complied with tax laws and we always will. ... The payment is being made promptly,” Kerry said in a statement to the Herald today. “We’ve reached out to the Massachusetts Department of Revenue and made clear that, whether owed or not, we intend to pay the equivalent taxes as if the boat’s home-port were currently in Massachusetts,” Kerry added.
Don't worry, Jawnny. The Globe will put you in for a Profile in Courage award... |